318 S Palmetto Avenue Sanford Florida | Home for Sale
To schedule a showing of 318 S Palmetto Avenue, Sanford, Florida, Call David Shippey at 863-521-4517 TODAY!
Sanford, FL 32771
- 9Beds
- 9.00Total Baths
- 0 Full, 0 HalfBaths
- 6,112SqFt
- 1901Year Built
- 0.34Acres
- MLS# O6245237
- Income
- MultiFamily
- Active
- Approx Time on Market8 months, 6 days
- Area32771 - Sanford/lake Forest
- CountySeminole
- Subdivision Sanford Town of
Overview
The Sirrine House is one of the most Historic buildings in the city. It is the oldest hotel still standing in Sanford. It was converted to apartments in 1929. It's located just 2 blocks south of 1st Street and 4 from beautiful Lake Monroe and the St Johns Riverwalk. This 9/10 unit apartment building is loaded with History and Charm on .34 acres in the heart of Downtown. Eight units have refinished original hardwood floors, some wood doors with glass knobs, many boast 10 foot ceilings, picture rails and plenty of natural light and windows. Other historic features include, claw foot tubs, drain board kitchen sinks, tin ceilings and walls. Also, built in cabinets and wardrobes in the bedrooms. There are porches and balconies with tree top views surrounding the building. There is an outside paver patio area for residents to use under the beautiful oak tree. Whats not to love about Historic Sanford! Its an amazing walking community with unique shops, award winning restaurants, so many night spots with live music and micro breweries. The building has many updates: Re-piped, metal roofs replaced, refinished original hardwood floors, gutters, intellijack steal supports, fire alarm panel, cellular communicator, fire sprinkler system and on going repairs and maintenance. Over the years the property has experienced excellent occupancy and many long-term tenants with rents received on or before the 1st of the month. FOUR OF THE UNITS ARE FURNISHED with higher rental rates. Several rents are lower than market value because of long term, amazing tenants. There is an unfinished 10th unit. Owner Financing Available with qualified buyer. This is a Terrific opportunity to own an Income Property in the Heart of Historic Sanford, A MUST SEE!
Agriculture / Farm
Association Fees / Info
Community Features: Sidewalks
Senior Community: No
Association: ,No,
Bathroom Info
Total Baths: 9.00
Building Info
Window Features: Blinds, Drapes, WindowTreatments
Roof: Metal, Shingle
Buyer Compensation
Exterior Features
Patio: Covered, FrontPorch, Screened, Balcony
Pool Private: No
Exterior Features: Balcony, Courtyard, SprinklerIrrigation, RainGutters
Fees / Restrictions
Financial
Expense Tenant: Electricity
Original Price: $1,577,700
Disclosures: LeadBasedPaintDisclosure
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Green Water Conservation: WaterRecycling
Interior Features
Fireplace: No
Floors: Tile, Vinyl, Wood
Levels: Two
Spa: No
Laundry Features: Other
Interior Features: BuiltInFeatures, CeilingFans, HighCeilings, WoodCabinets, WindowTreatments
Appliances: ElectricWaterHeater, Range, Refrigerator
Lot Info
Direction Remarks: I-4 TO SR 46 TOWARD HISTORIC SANFORD. GO 4 MILES IT TURNS INTO 1ST STREET. TURN RIGHT ON PALMETTO AVE AND TWO BLOCKS TO 318 S PALMETTO AVE IS ON THE RIGHT.
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Sqft: 14,742
Lot Desc: CornerLot, CityLot, HistoricDistrict, Landscaped, OversizedLot
Misc
Other
Special Conditions: None
Security Features: FireAlarm, FireSprinklerSystem, SmokeDetectors
Other Rooms Info
Basement: CrawlSpace
Property Info
Section: 25
Class Type: MultiFamily
Property Sub Type: MultiFamily
Property Condition: NewConstruction
Property Attached: No
New Construction: No
Construction Materials: WoodFrame
Stories: 2
Foundation: Crawlspace, PillarPostPier
Human Modified: Yes
Sqft Info
Sqft: 6,112
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,023
Tax Lot: 5
Tax Legal Description: S 3/4 OF LOT 5 + ALL LOTS 6 7 + 8 BLK 5 TR 2 TOWN OF SANFORD PB 1 PG 58
Tax Block: 5
Tax Annual Amount: 9211
Tax Book Number: 1-58
Unit Info
Total Units: 9
Utilities / Hvac
Heating: Central, Other
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, Other, WallWindowUnits, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: Other
Waterfront / Water
Waterfront: No
View: Yes
View: City, Garden
Directions
I-4 TO SR 46 TOWARD HISTORIC SANFORD. GO 4 MILES IT TURNS INTO 1ST STREET. TURN RIGHT ON PALMETTO AVE AND TWO BLOCKS TO 318 S PALMETTO AVE IS ON THE RIGHT.This listing courtesy of Premium Properties R.e Service
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MLS IDX data last updated on 07-25-2025 9:55 AM EST.
If you have any questions on 318 S Palmetto Avenue, Sanford, Florida, please call David Shippey at 863-521-4517.
MLS# O6245237 located at 318 S Palmetto Avenue, Sanford, Florida is brought to you by David Shippey REALTOR®
318 S Palmetto Avenue, Sanford, Florida has 9 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 318 S Palmetto Avenue, Sanford, Florida is O6245237.
The price for 318 S Palmetto Avenue, Sanford, Florida is $1,477,700.
The status of 318 S Palmetto Avenue, Sanford, Florida is Active.
The subdivision of 318 S Palmetto Avenue, Sanford, Florida is Sanford Town of.
The home located at 318 S Palmetto Avenue, Sanford, Florida was built in 2025.
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